Crofton Convalescent Center

$2,037,787 PPP Loan in Crofton, Maryland

Loan Details

Loan Number
8409687110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,037,787
Current Approval
$2,037,787
Forgiveness Amount
$2,060,956
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Crofton Convalescent Center
Address
2131 Davidsonville Road
ZIP Code
21114
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
228
Estimated Revenue
$38.8M
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$1,500,000
Rent
$363,500
Utilities
$73,287
Health Care
$101,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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